Digital asset exchange Shapeshift and its recently acquired hardware wallet maker Keepkey have announced that they are exiting the U.S. state of Washington. This is due to the state imposing strict regulatory requirements based on “Senate Bill 5031.” Also read: Washington Politicians Defend Regulations as Cryptocurrency Exchanges Flee Shapeshift & Keepkey Flee Washington State Shapeshift […]

Washington regulators recently introduced exchange rules for any firm wanting to allow customers to trade in cryptocurrency. They said they created Senate Bill 5031 to make the ecosystem fair for cryptocurrency exchanges and their customers. However, a number of exchanges have left the area, because they believe the rules were too burdensome. Now Washington lawmakers […]

Washington regulators recently introduced exchange rules for any firm wanting to allow customers to trade in cryptocurrency. They said they created Senate Bill 5031 to make the ecosystem fair for cryptocurrency exchanges and their customers. However, a number of exchanges have left the area, because they believe the rules were too burdensome. Now Washington lawmakers […]

Back in April, Washington politicians finished piecing together and finalizing the regulations for bitcoin exchanges. Those guidelines and rules are now active. Lawmakers pushed Senate Bill 5031 through the House and Senate, and it was signed into existence by governor Jay Inslee. Also read: Fork Watch: Take Extra Precaution When Trying to Access Post-Fork Tokens Bill Requirements […]